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12-Unit Apartment Portfolio
For Sale
$3,400,000

12922 Shackelford, Garden Grove, CA 92841

Garden Grove, CA

Property SizeContact for details
Lot Size0.36 Acres
Days on Market16

Property Features for 12922 Shackelford

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 14
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 12, Laundry Room, Bedroom 4, Bathroom 6, Bathroom 4, Bathroom 9, Bedroom 2, Kitchen, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 12, Bathroom 1, Bathroom 7, Bedroom 14, Bedroom 1, Bathroom 11, Bedroom 5, Bedroom 13, Bedroom 8, Bedroom 10, Bedroom 11, Bedroom 7, Bathroom 8, Bathroom 3, Bathroom 10, Bedroom 9, Bathroom 5
Parking 19
Appliances Water Heater, Range Hood
Subdivision Other (OTHR)
Lot features 6-10 Units/ Acre
Directions Take 22 Freeway, exit Magnolia Street
Standard status Active
APN 13342138
Lot size 0.36 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1958
Floors in Building 2
Number of units 12
Listing Agency: Real Broker
Listed By: Phuong Vu · License #02105019
Added: Sep 1 Changed: Sep 16 Last Checked: Sep 16 at 6:06PM
MLS# PW26198182

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Garden Grove apartment package includes two adjacent six-unit buildings at 12922 and 12932 Shackelford Lane. The unit mix across the portfolio consists of two 2-bedroom/1-bathroom units and ten 1-bedroom/1-bathroom units. The buildings were constructed in 1958 and feature newly painted exteriors, new outdoor stairs, and upgraded circuit breakers in every unit.

Gas and electricity are individually metered, while public water and public sewer serve the properties. Parking includes four 2-car garages and 10 additional surface spaces. An on-site coin-operated laundry facility provides an additional operating feature. The properties are near local schools, supermarkets, and everyday amenities in Garden Grove, with both buildings offered together as one package.

Key Highlights

  • Two adjacent 6‑unit apartment buildings offered together at 12922 and 12932 Shackelford Lane
  • Unit mix includes one 2‑bedroom/1‑bathroom unit and five 1‑bedroom/1‑bathroom units per building
  • Four 2‑car garages plus 10 additional surface parking spaces

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Gym & Fitness Center Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby

Demographics for 92841, CA

34,376
Population
9,813
Households
3.5
Avg Household Size
39
Median Age
22%
College-Educated
75%
High-School Grad
4.6 sq mi
ZIP Area
7,473
Density / Sq Mi
$81,975
Median Household Income
$36,900
Median Earnings
$1,983
Median Rent
$766,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent buildings combine updated exteriors, individually metered utilities, garages, and surface parking.
Where is this apartment building located?
The property is located at 12922 Shackelford Garden Grove, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Two adjacent 6‑unit apartment buildings offered together at 12922 and 12932 Shackelford Lane; Unit mix includes one 2‑bedroom/1‑bathroom unit and five 1‑bedroom/1‑bathroom units per building; Four 2‑car garages plus 10 additional surface parking spaces
More about this property
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